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Topics Demand & Inventory Planning
Welcome to the New Supply Chain
Ware2Go’s CEO Steve Denton explores how the Coronavirus pandemic has accelerated a shift in consumer shopping patterns and how supply chains must adapt to meet new customer expectations for their digital shopping and delivery experience. The demands of the new supply chain require businesses to adopt the concepts of Acceptance, Flexibility, and Acceleration to thrive in this new era of logistics.
— 5 min read
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Articles Warehousing & Fulfillment
Top 3 Trends of Today’s Supply Chain
In this new economy small to medium-sized businesses are facing challenges and levels of uncertainty they’ve never faced before. With rapidly changing rates of sales, inventory shortages, and shifting consumer habits, business owners are looking for ways to transform their operations in order to stay relevant to today’s consumers. Ware2Go’s CEO Steve Denton said in a recent interview about the effects of COVID-19 on the retail industry, “A lot of our customers who relied on traditional sales channels struggled early on because they didn’t have fully optimized digital channels. Those that did have fully optimized digital channels were able to make that shift quicker.” Denton identified 3 major trends that are defining this new age of commerce and ways that businesses can succeed in an ever-changing market.— 7 min read
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Case studies Demand & Inventory Planning
How LS2 Helmets U.S. Used a New Distribution Network To Drive Growth
When LS2, the 2nd largest motorcycle helmet manufacturer in the world, first entered the U.S. market, they were fulfilling orders directly out of their own 30,000 square-foot warehouse in Chicago. But due to the rapid growth they sustained, this single facility could not accommodate the surge in new order volumes, particularly for customers on the West Coast.
— 5 min read
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Articles Demand & Inventory Planning
How Strategic Inventory Financing Enables Small Business Growth
If your business is built around providing physical merchandise or products to customers, you know how important it is to always have enough inventory on hand to meet demand. However, as operational costs pile up, investments in areas like marketing, R&D, or sales might suddenly dominate your budget in one month or quarter. As a result, you may find that maintaining enough capital to always afford sufficient stock is harder than it sounds. This is where inventory financing comes into play.
— 12 min read
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On Demand Video Series Warehousing & Fulfillment
ECR4KIDS
ECR started with marketplace sales about a year ago and how quickly people want their items delivered was the first thing we learned. Someone may have a need for an item and if it’s not going to ship within 24 hours they’ll move on to someone else. You have to be positioned geographically and technologically to react to consumer’s needs, essentially on-demand.
— 1 min read
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In the News Demand & Inventory Planning
Ware2Go’s New Supply Chain Tools Help Merchants Make the Most of Their Fulfillment Networks
With the introduction of Ware2Go's new supply chain optimization tools, merchants of all sizes can now access a dynamic forecasting model that analyzes historical sales data, seasonal trends, and broader macroeconomic factors to help them better predict future order volumes. These insights are then used to determine the best locations for merchants to add warehouses, as well as the optimal amount of inventory to store at each warehouse, in order to improve delivery speeds while simultaneously reducing inventory and shipping costs.— 8 min read
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Articles Demand & Inventory Planning
Tips for Effectively Managing Seasonal Inventory
Long before the winter holidays arrive, seasonal suppliers are already prepping their supply chains to handle the uptick in demand. But without a warehousing and fulfillment strategy that is tailored to fit seasonal requirements, companies lose out on significant portions of their revenue due to year-round storage and inventory management costs. With this in mind, how does on-demand warehousing and fulfillment enable seasonal suppliers to avoid unnecessary expenses while still capitalizing on their peak season?
— 9 min read
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On Demand Video Series Demand & Inventory Planning
LS2
Brick and mortar stores have an entirely new aspect of challenges these days. If they cannot get a product overnight or within two days, then their customers are going to pick up the phone and have it delivered to their doorstep. I realized that I had to have fulfillment for my brick and mortar stores that would get product to them more quickly. And we realized that Ware2Go was the answer. We now have the ability to service any given region with the right product at the right time.
— 1 min read
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Articles Demand & Inventory Planning
How Inventory & Order Fulfillment Challenges Can Hinder Start-Up Growth
Today, many small businesses dream of a scenario where they have so many clients, they can't keep up with demand. But while this scenario sounds nice, the operational challenges that arise from small business growth can actually do more harm than good. To combat the risks associated with unchecked growth, how can small businesses support an expanding customer base without adding excessive costs or overwhelming their staff?
— 10 min read
